Minimum Wage 2024 Annual Salary Uk 2024. The minimum wage, known officially as the national living wage, is currently £10.42 an hour for workers over 23. For someone working full time, or a 37.5.

Professor john bryson asks what the increase of the minimum wage will mean for taxes. In this article, we discuss the minimum wage in the uk, including the current minimum wage, the factors that affect minimum wage and how to calculate a minimum wage.